{"id":684696,"date":"2022-09-13T09:17:34","date_gmt":"2022-09-13T13:17:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/workday-introduces-next-generation-skills-technology-to-help-organizations-support-evolving-talent-strategies\/"},"modified":"2022-09-13T09:17:34","modified_gmt":"2022-09-13T13:17:34","slug":"workday-introduces-next-generation-skills-technology-to-help-organizations-support-evolving-talent-strategies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/workday-introduces-next-generation-skills-technology-to-help-organizations-support-evolving-talent-strategies\/","title":{"rendered":"Workday Introduces Next-Generation Skills Technology to Help Organizations Support Evolving Talent Strategies"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n New Open and Connected Ecosystem Helps Enable Organizations to Bring Skills Data In and Out of Workday to Deliver More Personalized Employee Experiences<\/i>\n <\/p>\n

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\n PLEASANTON, Calif.<\/span> and ORLANDO, Fla.<\/span><\/span>, Sept. 13, 2022<\/span><\/span> \/PRNewswire\/ — \u00a0Workday, Inc.<\/a><\/u>\u00a0(NASDAQ: WDAY), a leader in enterprise cloud applications for finance<\/a><\/u>\u00a0<\/a>and human resources<\/a><\/u>, today introduced next-generation skills technology that allows organizations to easily and securely bring skills data in and out of Workday. Through this new capability, companies can gain deeper insight into workforce skills and deliver more personalized employee experiences. At Workday Rising<\/a><\/u>, the company’s annual customer conference, Workday detailed how it is building an open and connected skills ecosystem with a single source of truth for skills data.<\/p>\n

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As organizations look to accelerate skills-based talent strategies, they need visibility and insight into the skills that exist and those they will need in order to make data-driven decisions around talent and staffing and to adapt to changing business needs. However, connecting skills data from multiple sources \u2013 e.g. learning systems, labor market data, skills assessments \u2013 to internal business processes is time-intensive, costly, and can require custom integrations.<\/p>\n

\n Building an Open and Connected Skills Ecosystem
<\/b>With technology designed in collaboration with customers Accenture, Sun Life, and more, as well as software alliance partnerships including Aon, Degreed, and SkyHive, the Workday skills ecosystem helps organizations to import relevant skills data from third-party systems into Workday.<\/p>\n

With intelligent technology that normalizes external skills to the Skills Cloud<\/a><\/u> ontology, Workday uniquely delivers skills interoperability at scale, helping organizations to better manage skills data flows and gain visibility into how skills are being used across the business. Organizations can also export skill-level data from Workday to external systems \u2013 creating a bi-directional flow of skills \u2013 providing them with a consistent skill set across the business to continuously evolve their skills-based talent strategies.<\/p>\n

With these latest innovations, organizations can:<\/p>\n